In today’s video I talk about what I think is the Best Weed Stock for 2020. In prior videos I’ve talked about ACB Stock and TLRY stock and have explained a lot of …
Thanks for watching this video! I've been very busy with grad school but I'm hoping to make more videos this week. Let me know what you think of the weed ETF MJ in the comment section. Thanks for the support!
I’m certainly looking into these, lots of potential!!
Great coverage. Like your videos.!
Thanks for making the time to do these videos Andy.
While the majority of my portfolio is individual stocks, I'm a big fan of ETFs and typically feel that's the best method for most to invest in stocks. When it comes to Cannabis stocks however, I can't get behind the ETF idea. Why? I think there will be few survivors and even fewer winners in the cannabis space. I'm guessing there will be 3 big 'winners' long term and the other survivors won't be worth talking about for the most part. The MJ ETF currently has 36 stock holdings. Since I think the majority of the current cannabis companies are going to go out of business, that to me means the majority of MJ's holdings are going to zero which doesn't bode well for the ETF.
For new markets like cannabis, I prefer focusing on the leaders. As it stands now, the leader is Canopy Growth IMO. Canopy is also the only cannabis company I see as investable today, primarily due to Constellation's significant ownership and the significant cash hoard they have (thx to Constellation).
I'm keeping an eye on others, but nothing stands out to me like CGC. Green Thumb Industries intrigues me a bit because it's one of the only pure play options for the U.S. market, which is expected to grow 25% annually over the next decade. I think TLRY is worth paying attention to as well.
Full disclosure – I own a small position in CGC ($25 cost basis). Plan to buy in small quantities to fill position over the next couple years. Definitely not in any hurry.
Hello, could you do a video about Exxon ? thanks for all
Hey man thanx for the videos been enjoying your channel appreciate it! Was wondering on the topic of MJ ETFs how you felt about YOLO it has a high dividend yield as well! But is this more risky then MJ?!
I think Marijuana ETFs are a great idea, but I think HMLSF or HMMJ are better investments because they are 100% marijuana and pay out 13% dividend compared to MJ's 5%
Thanks for watching this video! I've been very busy with grad school but I'm hoping to make more videos this week. Let me know what you think of the weed ETF MJ in the comment section. Thanks for the support!
I’m certainly looking into these, lots of potential!!
Great coverage. Like your videos.!
Thanks for making the time to do these videos Andy.
While the majority of my portfolio is individual stocks, I'm a big fan of ETFs and typically feel that's the best method for most to invest in stocks. When it comes to Cannabis stocks however, I can't get behind the ETF idea. Why? I think there will be few survivors and even fewer winners in the cannabis space. I'm guessing there will be 3 big 'winners' long term and the other survivors won't be worth talking about for the most part. The MJ ETF currently has 36 stock holdings. Since I think the majority of the current cannabis companies are going to go out of business, that to me means the majority of MJ's holdings are going to zero which doesn't bode well for the ETF.
For new markets like cannabis, I prefer focusing on the leaders. As it stands now, the leader is Canopy Growth IMO. Canopy is also the only cannabis company I see as investable today, primarily due to Constellation's significant ownership and the significant cash hoard they have (thx to Constellation).
I'm keeping an eye on others, but nothing stands out to me like CGC. Green Thumb Industries intrigues me a bit because it's one of the only pure play options for the U.S. market, which is expected to grow 25% annually over the next decade. I think TLRY is worth paying attention to as well.
Full disclosure – I own a small position in CGC ($25 cost basis). Plan to buy in small quantities to fill position over the next couple years. Definitely not in any hurry.
Hello, could you do a video about Exxon ? thanks for all
Hey man thanx for the videos been enjoying your channel appreciate it! Was wondering on the topic of MJ ETFs how you felt about YOLO it has a high dividend yield as well! But is this more risky then MJ?!
I think Marijuana ETFs are a great idea, but I think HMLSF or HMMJ are better investments because they are 100% marijuana and pay out 13% dividend compared to MJ's 5%